EMCOR Group: Dividend Insights
Portfolio Pulse from Benzinga Insights
EMCOR Group (NYSE:EME) announced a quarterly dividend of 18 cents per share, with the ex-dividend date set for Friday. Shareholders owning EME stock by the end of Thursday are eligible for the dividend, payable on January 31, 2024. The stock is expected to open 18 cents lower on the ex-dividend date.
January 09, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
EMCOR Group will pay an 18 cents quarterly dividend per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of EMCOR Group is likely to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is usually priced in by the market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100